Emiac Technologies IPO
IT Services / Software - Emiac Technologies Ltd provides IT services including software development, cloud hosting, and enterprise solutions
Price Band
Rs 93 - 98
Cut-off: Rs 98 per share
Lot: 1,200 - Min Rs 1.18L
Open
27 Mar 2026
Last Day
08 Apr 2026
Allotment
09 Apr 2026
Listing
13 Apr 2026
GMP Today
Rs 0
0% premium
Est. Listing Price
GMP BasedRs 98
Issue Price + GMP (Dynamic)
Est. Profit (1 Lot)
GMP Based+Rs 0
+0.0% (1200 shares)
Subscription
0.15x
Day 6 - Live
Range: 0% to 1.5%
Confidence: Moderate - 54%
Confidence Score - 54%
Issue Details
Total Issue Size
Rs 31.75 Cr
Price Band
Rs 93 - 98
Fresh Issue vs OFS
Objects of the Issue (as per DRHP)
- 1Purchase of computers, laptops, and related accessories
- 2Software subscriptions and cloud hosting
- 3Funding working capital requirements
- 4Hiring of manpower
- 5Branding, advertising, and marketing activities
- 6General corporate purposes
Company Financials
Revenue Growth
FY23
Rs 5.38 Cr
FY24
Rs 12.4 Cr
FY25
Rs 20.06 Cr
Other Financial Metrics
EBITDA (FY25)
Rs 8.79 Cr
ROE
40.26%
Return on Equity
ROCE
40.91%
Return on Capital
Debt/Equity
0.15
Low Debt
2-Year CAGR
P/E Ratio
20.91x
At upper band
Market Cap
~119.88 Cr
Post issue
MARKET SENTIMENT SCORE
Based on expert reviews, GMP trends & market signals
Expert Reviews & Opinions
By Univest Research
Neutral rating. Revenue growth is strong but GMP at zero indicates weak market demand. High-risk SME IPO.
By CA Rachana Ranade
Exercise caution. Zero GMP and low subscription suggest limited listing gains. Consider only for long-term.
By Moneycontrol Research
The weak subscription numbers and nil GMP are concerning. Wait for better opportunities in the market.
Reviews are AI-summarized from top financial YouTubers, news channels, and other expert sources. Each summary is limited to 2 lines for quick reading.
Peer Comparison
Comparing with 3 listed peers| Company | Market Cap | Revenue | PAT | P/E | P/B | ROE |
|---|---|---|---|---|---|---|
ET Emiac TechnologiesIPO | ~119.88 Cr | Rs 20.06 Cr | Rs 4.22 Cr | 20.91x | - | 40.26% |
| Infosys | 6L Cr | 1L Cr | 24.1K Cr | 24.2x | 8.4x | 32.5% |
| TCS | 14L Cr | 2L Cr | 46.0K Cr | 29.4x | 14.2x | 48.8% |
| Happiest Minds | 12.5K Cr | 1.9K Cr | 245 Cr | 51x | 10.8x | 21.2% |
| Peer Average | 6L Cr | 1L Cr | 23.4K Cr | 34.9x | 11.1x | 34.2% |
Quick Analysis
- Emiac Technologies's P/E of 20.91x is lower than the peer average of 34.9x, suggesting relatively attractive valuation.
- ROE of 40.26% is above peer average (34.2%), indicating better return on equity.
- Market cap post-listing would place Emiac Technologies below peer average in terms of size.
* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.
IPO Details
| Open Date | 27 Mar 2026 |
| Close Date | 08 Apr 2026 |
| Allotment Date | 09 Apr 2026 |
| Listing Date | 13 Apr 2026 |
| Issue Type | Book Build Issue |
| Issue Size | Rs 31.75 Cr |
| Fresh Issue | 31.75 Cr (100%) |
| OFS | Nil |
| Face Value | Rs 10 per share |
| Price Band | Rs 93 - 98 |
| Lot Size | 1,200 shares |
| Min Investment (Retail) | Rs 1.18L |
| Listing Exchange | BSE SME |
Company Information
| Company Name | Emiac Technologies Ltd |
| Industry | IT Services / Software |
| Registrar | Bigshare Services |
| Lead Manager | Ekadrisht Capital |
| Market Cap (Upper) | ~119.88 Cr |
| P/E (Upper Band) | 20.91x |
About the Company
Emiac Technologies Ltd provides IT services including software development, cloud hosting, and enterprise solutions. The company serves clients across various sectors with focus on digital transformation services.
Check Allotment Status
Check your Emiac Technologies IPO allotment status on the registrar website.
Bigshare Services
IPO Registrar
Disclaimer
IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.
AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.
GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.
Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.